Business

CBN raises interest rate to 27.5%

The Central Bank of Nigeria (CBN) has increased the Monetary Policy Rate (MPR), which benchmarks interest rates in the country,…

4 days ago

At last, Port Harcourt refinery begins production

The Port Harcourt Refinery, owned by the Nigerian National Petroleum Company Limited (NNPC Ltd.), has commenced operations after undergoing rehabilitation…

4 days ago

Stock market investors lose N123bn

The Nigerian stock market opened with its bearish momentum to record N123 billion loss on Monday, November 25, 2024. Sell-offs…

4 days ago

Naira trades N1,675/$ at official market

The naira depreciated at the official market on Monday, November 25, 2024, trading at N1,675.62 against the dollar. Data from…

4 days ago

Nigeria’s GDP rises by 3.46% in Q3 2024

The National Bureau of Statistics (NBS) has announced that Nigeria’s economy recorded a 3.46 per cent year-on-year growth in Gross…

5 days ago

Zenith Bank ushers in yuletide season, lights up Ajose Adeogun Street

Zenith Bank has once again set the stage for the Yuletide season with the Light-Up of Ajose Adeogun Street and…

5 days ago

Stock market closes with N99bn loss

The Nigerian stock market extended its bearish trend on Friday, November 22, 2024, closing the week with a N99 billion…

1 week ago

Stock market investors lose N143bn

The Nigerian stock market ended its four-day winning streak with a loss of N143 billion on Thursday, November 21, 2024.…

1 week ago

Sanwo-Olu prioritises tourism in N3trn 2025 budget

The tourism and creative sector is about to take a huge leap forward in Lagos State as the sector with…

1 week ago

Naira gains against dollar at official market

The naira appreciated at the official market on Thursday, November 21, 2024, trading at N1,658.67 against the dollar. Data from…

1 week ago

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